CLEAN : Temporary aid can offset inflation hit to families: IMF official

The transcript discusses the impact of rising energy and food prices on vulnerable populations, particularly in low-income households and countries. It recommends targeted fiscal measures to support these groups, such as utility bill discounts and energy price subsidies. The text also highlights public protests in response to rapid price increases and the need for coordinated efforts to provide external assistance to countries with limited fiscal space. Additionally, it examines Russia's economic strategies to stabilize its economy amid sanctions, noting that energy trade remains unaffected, allowing Russia to generate revenue.

What measures are recommended to support vulnerable populations affected by rising energy and food prices?

• Increase taxes on luxury goods

• Provide utility bill discounts and energy subsidies

• Reduce interest rates

• Implement universal basic income

Why have some countries experienced protests recently?

• Due to political instability

• As a result of natural disasters

• Due to changes in government policies

• Because of rapid increases in the prices of basic items

What is a suggested solution for countries with limited fiscal space and high debt levels?

• Increase military spending

• Seek external assistance and coordinated efforts

• Implement austerity measures

• Privatize public services

What is one reason the economic shock is not larger?

• International trade agreements have been strengthened

• There is a decrease in global oil demand

• Russian authorities have implemented support programs

• The global economy is growing rapidly

How is Russia managing to support its economy despite sanctions?

• By receiving foreign aid

• By increasing domestic production

• By continuing to sell oil and gas internationally

• By reducing public spending